June 13 (Reuters) - U.S. equity funds witnessed the
smallest weekly net disposal in four weeks in the week through
June 11 as a smaller than expected rise in consumer prices in
May, and a U.S. trade deal with China, eased investor worries.
According to LSEG Lipper data, investors liquidated just
$212 million worth of U.S. equity funds during the week, the
smallest weekly net outflow since approximately $13.65 billion
worth of net purchases a month ago.
U.S. sectoral funds, however, still witnessed net inflows
worth a sharp $1.53 billion, the biggest amount for a week in
four. Communication services, financial and industrial sectors
with $529 million, $399 million and $388 million in net inflows,
lead the gains.
The equity large-cap, mid-cap and small-cap fund segments,
meanwhile, faced a net $2.65 billion, $1.35 billion and $100
million worth of sales.
Investors added money into U.S. bond funds for an eight
consecutive week, with their $4.08 billion worth of weekly net
purchase.
They racked up U.S. short-to-intermediate investment-grade
funds, short-to-intermediate government & treasury funds, and
municipal debt funds worth a notable $2.37 billion, $1.02
billion and $523 million, respectively.
At the same time, money market funds had a net $15.18
billion worth of weekly outflow, partly reversing a significant
$66.24 billion weekly inflow, gained in the previous week.